This paper reviews the performance of the tourism industry in Barbados during the period 1996-2012 with specific reference to tourist and cruise passenger arrivals. The study is being conducted against the backdrop of the importance of tourism to growth and development within the Barbadian...

Keynesians propose that increases in tourist arrivals are associated with an expansion in private spending through the multiplier effect. To test this hypothesis, this study augments a simple consumption function with tourist arrivals and employs the dynamic OLS method to compute the short and...

Keynesians propose that increases in tourist arrivals are associated with an expansion in private spending through the multiplier effect. To test this hypothesis, this study augments a simple consumption function with tourist arrivals and employs the dynamic OLS method to compute the short and...

The impact of crime on tourism to Barbados was examined using a transfer function approach. Results indicate that an increase in the overall crime rate has a negative and significant impact on arrivals to the island. However, the fall-off is delayed, starting six months after a one-unit increase...